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20121202
20121210
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, business and government complicity or ignorance, not realizing how important this is to our overall economy? > > one of the dilemmas that we find is that companies will often let go of capabilities because they say, "oh, this isn't important to my particular industry today." but then, that capability turns out to be important to other industries. and when those other industries need that in the future, it's like an industrial commons as we describe it. those other industries don't have access to it because the capabilities have withered away. > > that is interesting, because the united states is obviously known as a major center of innovation. so, what do we need to do to get back into making manufacturing a prominent part of our economy again? > > one of the things we tell businesses they have to do is really invest in capabilities, and make competing on capabilities a more important part of your strategy. that means getting people to understand how your capabilities are deployed and how they are developed in the company and involved in your strategy. we think government has a role as well
down the dollar is a lack of confidence in the united states government. that's plain and simple right now. are we going to lose our safehaven status? i doubt it right now. but in the short term, people are worried that this thing is not going to get figured out, and taking their money elsewhere. > what are some of the best sectors and the worst sectors you see? > > i look at it two ways. right now, i would look at financials and materials over energy and utilities, simply because the tailwind in the housing recovery that we are going to continue to see in 2013 will directly benefit both financials and materials. we have already seen a big run-up in energy and utilities. they have probably seen the better part of earnings over the last couple of years. > were you impressed by toll bros. earnings yesterday? > > i really was. i think it's just more that's going to continue. i think we as a nation, we as investors, underestimate the tailwind that the housing recovery is going to supply, and toll brothers is the prime example. > larry, thanks for coming on the show. have a good day. the la
and other u.s. companies have been battling to set up shops there. the indian government has enough votes to pave the way for the retailers despite crisitism that bringing in big box stores will crush small shops and farmers. later this week, the indian parliament's upper house will debate the issue. details are emerging into how a fire at a bangledesh factory could have been avoided. the factory makes clothes for walmart and sears. last month, 100 people were killed in the fire. since 2005, more than 700 garment workers have died, according to a labor rights group. bloomberg news has uncovered in a recent meeting an official for walmart saying that paying for the upgrade of the factory would be "too costly." walmart is declining comment. starbucks plans do for tea what it did for coffee. the coffee chain is going supersize by opening 20,000 more cafes by 2014, with much of the growth coming from china. 1500 stores will open in the u.s. alone in a span of 5 years. and now with the recent acquisition of teavana, starbucks will eventually open "tea bars" in shopping malls. for serious coff
the government. he's making the plea on behalf of his home state of new jersey, as well as for new york and connecticut. christie met with president obama at the white house first, then with house speaker john boehner at the capital. at a senate hearing thursday, senator charles schumer of new york presented his case for rebuilding the storm zone. "new york has no choice, we have to adapt. new york and new jersey are a waterfront region in the path of violent new weather realities." president obama meanwhile is seeking $50 billion from congress for emergency aid for 11 states with storm damage. the improving housing market is turning into a wealth builder for americans. according to the federal reserve, financial wealth in american households grew to $64 trillion, up $1.7 trillion during the 3rd quarter. here's how that happened: the value of real estate rose $300 billion, while stocks climbed $520 billion. economists have said an increase in wealth translates into consumer spending. the report from the fed also shows americans cut debt by 2% last quarter. space exploration technologies
Search Results 0 to 3 of about 4